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Lgi Homes Inc   (LGIH)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services


Lgi Homes Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Lgi Homes Inc 's ROA in the fourth quarter of 2023?
Lgi Homes Inc achieved a return on average assets (ROA) of 6.21 % in its fourth quarter of 2023, which is below Lgi Homes Inc 's average return on assets, which stands at 12.39%.

Despite the company's net income deteriorating, Lgi Homes Inc was able to improve its ROA compared to the third quarter of 2023.

However, within the Capital Goods sector 95 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 712, from total ROA ranking in the third quarter of 2023 at 1066.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 9.02 % 7.46 % 7.74 % 17.74 % 32.64 %
Y / Y Net Income Change 52.69 % -25.83 % -56.93 % -65.73 % -69.35 %
Net Income (TTM) in million 199 181 205 275 327
Return On Assets (TTM) 6.21 % 5.78 % 6.65 % 9.09 % 11.23 %
LGIH's Total Ranking # 712 # 1066 # 989 # 761 # 728
Total Assets (TTM) in million 3,401 3,280 3,090 3,053 3,119
Seq. Total Assets Change 3.68 % 6.14 % 1.22 % -2.13 % 2.19 %
Seq. Net Income Change -22.3 % 26.18 % 97.07 % -20.97 % -62.26 %



Return On Assets Company Ranking
Within: No.
Industry # 21
Sector # 96
Overall # 710

Return On Assets Statistics
High Average Low
23.72 %
12.39 %
5.71 %
(Jun 30 2021)   (Sep 30 2023)





Financial Statements
Lgi Homes Inc 's Assets $ 3,401 million LGIH's Balance sheet
Lgi Homes Inc 's Income $ 52 million Quarterly LGIH's Income Statement
LGIH's Income by Division See LGIH's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 8.99 % 32.64 % 28.79 % 9.6 % 19.39 %
Total Assets in million 3,400 3,119 2,352 1,826 1,666
Y / Y Net Income Change -38.99 % -23.99 % 32.65 % 81.34 % 15.02 %
Net Income in million 199 327 430 324 179
Return On Assets 5.86 % 10.47 % 18.27 % 17.74 % 10.72 %




Comment on LGIH's ROA in the fiscal year ending 2023
In the fiscal year 2023 Lgi Homes Inc 's ROA decreased compared to previous year to 5.86 %, due to deterioration of net income -38.99 % to $199.23 million, from $326.57 million a year ago, as LGIH's assets were $3,399.84 million.


More Return On Assets Ratios
LGIH's' Return on Assets at Yahoo Finance
Construction Services Industry Return On Assets Trends and Statistics
Capital Goods Sector Roa Statistics
Roa Trends for overall market
LGIH's Roa Ratio versus Construction Services Industry, Capital Goods Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for LGIH's Competitors
Roa for Lgi Homes Inc 's Suppliers
Return On Assets for LGIH's Customers

You may also want to know
LGIH's Roi LGIH's Inventory Turnover Ratio LGIH's Growth Rates LGIH's Dividend Comparisons
LGIH's Profitability Ratios LGIH's Asset Turnover Ratio LGIH's Dividend Growth
LGIH's Roe LGIH's Valuation Ratios LGIH's Financial Strength Ratios LGIH's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Capital Goods Sector ROA
Wabash National Corporation  17.03 %
Pultegroup Inc  16.83 %
Advanced Drainage Systems Inc   16.46 %
Lincoln Electric Holdings Inc  16.44 %
Greystone Logistics Inc   16.34 %
Watsco Inc   16.19 %
Blue Bird Corporation  15.28 %
Oil dri Corporation Of America  15.25 %
Terex Corp  15.04 %
Sci Engineered Materials inc   14.88 %
Taylor Devices Inc  14.86 %
D r Horton Inc   14.78 %
Snap on Inc  14.17 %
Ies Holdings Inc   14.12 %
Applied Industrial Technologies Inc   13.76 %
Standex International Corp  13.75 %
Donaldson Company Inc   13.69 %
Brady Corp  13.55 %
Simpson Manufacturing Co inc   13.12 %
Installed Building Products Inc   12.97 %
Dream Finders Homes Inc   12.91 %
Cavco Industries Inc   12.79 %
Lockheed Martin Corporation  12.54 %
Topbuild Corp  12.45 %
Compx International inc  12.44 %
Meritage Homes Corporation  12.08 %
Caterpillar Inc  12.04 %
Mi Homes Inc   11.89 %
Legacy Housing Corporation  11.33 %
Powell Industries Inc   10.99 %


Date modified: 2024-02-21T11:59:02+00:00


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